STOKES, Justice.
Prior to May 2, 1947, the appellant, A. D. Gugenheim, and his son and daughter, A. D. Gugenheim, Jr., and Betty Manheim, were partners, doing business at Amarillo and Hereford under the trade-name of A. D. Gugenheim Company. On that date they entered into a contract with the appellee, Austin P. Hancock, by the terms of which the parties agreed to incorporate the business under the corporate name of A. D. Gugenheim Company, Inc. The contract provided...
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